Gravy Jobs and spookey unseen competition Management expressed optomism for Q2 and Q3...via a material increase in requests for bids on pipeline work,...ie. gravy jobs. When the wheels get turning, these investments in staff and equipment will show a significant payoff .....for years... I like that Lonestar is somewhat insulated from comodity prices, and diversified into infrastucture....also..because.trucks are mobile, as a service , we can go where the money is...
The excavation world was transformed by using hydrauiics ..now the nitch market for advanced excavators ...hydrovac ..is growing rapidly. The rapid expansion of LSI was necessary as there are a couple of USA companies who also manufactue equipment..and the USA has great skills and great talent.....so there are possible future service companies comming...but in the distant future.
Baddger and now Lonestar have an early mover advantage in this enormous service industry. How large is it? anyone ? The Americans have started building trucks...search mud dog but this development just strengthens our case. ..they are playing catch up. ..we have time on our side .Lonestar is now branded as a quality service provider..with safety qualifications ..which take time,..and a large fleet...the capacity to bid on multiple pipeline jobs....and infrastructure jobs. .
The oil and gas sector ...the sweet spot for the energy service sector occurs when both Gas and oil prices remain high....as in over the past 6 mths...just saying .
My dog and my girlfriend do not take my advise...neither should you.